Nordea 1 - Stable Return Fund HBC USD |
Performance History | 31/12/2024 |
Growth of 1,000 (GBP) | Advanced Graph |
Fund | -1.9 | 13.3 | 5.4 | -1.4 | 5.9 | |
+/-Cat | -6.0 | 5.0 | 8.8 | -5.5 | -3.4 | |
+/-B’mrk | - | 4.8 | 8.0 | -8.8 | -5.1 | |
Category: USD Moderate Allocation | ||||||
Category Benchmark: Morningstar EAA USD Mod Tgt... |
Key Stats | ||
NAV 10/01/2025 | USD 24.33 | |
Day Change | 0.47% | |
Morningstar Category™ | USD Moderate Allocation | |
ISIN | LU1009765014 | |
Fund Size (Mil) 10/01/2025 | EUR 3512.16 | |
Share Class Size (Mil) 10/01/2025 | USD 9.79 | |
Max Initial Charge | 3.00% | |
Ongoing Charge 09/12/2024 | 1.24% |
Morningstar Research |
Analyst Report | 29/04/2024 Matias Möttölä, Director Morningstar, Inc |
We continue to appreciate the disciplined approach to asset allocation and the experienced team behind Nordea 1--Stable Return. The fund’s cheapest share classes have a Morningstar Analyst Rating of Silver while its other share classes gain... | |
Click here to read this analyst report on the underlying fund. |
Morningstar Pillars | |
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People | 24 |
Parent | 23 |
Process | 24 |
Performance | |
Price |
Investment Objective: Nordea 1 - Stable Return Fund HBC USD |
To provide shareholders with investment growth and achieve relatively stable income. The fund mainly invests, directly or through derivatives, in equities as well as various other asset classes such as bonds issued by companies, financial institutions or public authorities, money market instruments and currencies from anywhere in the world. In actively managing the fund’s portfolio, the management team uses a risk-balanced and dynamic asset allocation process, with a focus on bonds and equities. The team also takes both long and short positions and manages currencies actively. |
Returns | |||||||||||||
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Management | ||
Manager Name Start Date | ||
Claus Vorm 02/11/2005 | ||
Asbjørn Trolle Hansen 02/11/2005 | ||
Click here to see others | ||
Inception Date 05/08/2015 |
Category Benchmark | |
Fund Benchmark | Morningstar Benchmark |
Euribor 1 Month EUR | Morningstar EAA USD Mod Tgt Alloc NR USD |
Portfolio Profile for Nordea 1 - Stable Return Fund HBC USD | 31/12/2024 |
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Growth Of 1000 (GBP) | 31/12/2024 |
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Annual Returns (GBP) | 31/12/2024 | |||||||
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 31/12 | |
Price Return | -3.91 | 3.38 | 7.62 | -1.85 | 13.34 | 5.45 | -1.42 | 5.95 |
+/- Category | -5.75 | 4.17 | -2.83 | -6.04 | 5.04 | 8.79 | -5.54 | -3.44 |
+/- Category Index | - | - | - | - | 4.81 | 8.00 | -8.82 | -5.09 |
% Rank in Category | 92 | 7 | 82 | 87 | 11 | 4 | 93 | 87 |
Trailing Returns (GBP) | 10/01/2025 | ||
Total Returns | +/- Category | +/- Category Index | |
1 Day | 0.47 | 0.30 | 0.67 |
1 Week | 0.77 | -0.14 | 0.39 |
1 Month | 1.13 | -0.30 | -0.22 |
3 Months | 4.91 | -0.16 | -0.25 |
6 Months | 10.67 | 4.34 | 4.23 |
YTD | 1.53 | -0.40 | -0.05 |
1 Year | 7.05 | -5.61 | -6.33 |
3 Years Annualised | 4.24 | -0.52 | -1.97 |
5 Years Annualised | 4.10 | -0.58 | -1.98 |
10 Years Annualised | - | - | - |
Category: USD Moderate Allocation | |||
Category Index: Morningstar EAA USD Mod Tgt Alloc NR USD |
Quarterly Returns (GBP) | 31/12/2024 | |||
Quarter 1 | Quarter 2 | Quarter 3 | Quarter 4 | |
2024 | 3.18 | -3.10 | 0.29 | 5.67 |
2023 | -0.32 | -2.87 | 3.39 | -1.53 |
2022 | -0.76 | 3.80 | 5.81 | -3.26 |
2021 | 2.54 | 2.98 | 3.75 | 3.46 |
2020 | 2.55 | 2.52 | -3.41 | -3.35 |
2019 | 3.57 | 3.66 | 6.08 | -5.51 |
Morningstar Rating™(Relative to Category) | 31/12/2024 | ||||||||||||||||||||
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Category : USD Moderate Allocation | Click here to see our Methodology |
Volatility Measurements | 31/12/2024 | ||||||||||
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Modern Portfolio Statistics | 31/12/2024 | 31/12/2024 |
Standard Index | Best Fit Index | |
Morningstar EAA USD Mod Tgt Alloc NR USD | Morningstar Gbl Core Bd GR Hdg USD | |
3-Yr Beta | 0.49 | 0.91 |
3-Yr Alpha | -2.72 | 1.41 |
Investment Style Details | 31/12/2024 | ||||||||||||||||||||||||||||||||||||||||
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Category: USD Moderate Allocation |
Fixed Income Style | 30/11/2024 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
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Asset Allocation | 31/12/2024 |
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World Regions | 31/12/2024 | ||||||||||||||||||||||||||||||||||||||||||
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Category: USD Moderate Allocation |
Sector Weightings | 31/12/2024 | |||||||||||||||||||||||||||||||||
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Category: USD Moderate Allocation |
Top 10 Holdings | 31/12/2024 |
Portfolio NEW | |
Total Number of Equity Holdings | 156 |
Total Number of Bond Holdings | 18 |
Assets in Top 10 Holdings | 69.23 |
Name | Sector | Country | % of Assets | ||
Future on 5 Year Treasury Note | United States | 21.57 | |||
Future on 10 Year Treasury Note | United States | 17.28 | |||
Future on 2 Year Treasury Note | United States | 9.38 | |||
Alphabet Inc Class A | United States | 5.11 | |||
Microsoft Corp | United States | 4.48 | |||
Automatic Data Processing Inc | United States | 2.92 | |||
Visa Inc Class A | United States | 2.32 | |||
Novo Nordisk AS Class B | Denmark | 2.11 | |||
AutoZone Inc | United States | 2.10 | |||
Coca-Cola Co | United States | 1.96 | |||
Increase Decrease New since last portfolio | |||||
Category: USD Moderate Allocation | |||||
Management | ||||||||||||||||||||||||||
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Biography | |
Claus Vorm holds a Master’s Degree in Mathematics and Economics and a Ph.D. on the Interplay between Insurance and Finance. As part of his academic career, Mr. Vorm worked as an associate professor at the Laboratory of Actuarial Mathematics at the University of Copenhagen from 2000 to 2001. He then joined McKinsey & Co. as a part of their Financial Institutions Group before joining Nordea Investment Management AB in 2004. |
Fund Manager | Asbjørn Trolle Hansen |
Manager Start Date | 02/11/2005 |
Career Start Year | 1998 |
Biography | |
Asbjørn Trolle Hansen holds a joint Master's Degree in Mathematics and Economics and a joint Ph.D. in Mathematical Finance. After attaining his Ph.D., Mr. Hansen worked in London, first for NatWest as a Derivatives Analyst from 1998 to 2000 and then as a Quantitative Specialist responsible for structured investments with Dresdner Kleinwort Benson’s Global Equities team. In 2000, Mr. Hansen returned to Denmark as Head of Alfred Berg’s Asset Allocation team. Mr. Hansen joined Nordea Investment Management AB in 2004 as Head of the Multi Assets team. |
Fund Manager | Kurt Kongsted |
Manager Start Date | 02/11/2005 |
Career Start Year | 2002 |
Biography | |
Kurt Kongsted holds a Master’s Degree in Economics (cand. oecon.) from the University of Aarhus. Mr. Kongsted joined Nordea Investment Management AB in 2002 as an analyst within the current Multi Assets team. Mr. Kongsted has been responsible for the development of Nordea Investment Management’s proprietary Asset Liability Management tools and Strategic Asset Allocation models. Since 2005 Mr. Kongsted has been a co-portfolio manager within the Multi Assets investment team. In 2010 Mr. Kongsted was also appointed Head of Strategic Asset Allocation. |
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